The Chelsea, MA real estate market (02150) closed out 2025 with mixed signals across property types. While multifamily prices surged, the condo market softened, and single-family inventory remained extremely limited. Overall, Chelsea continues to show long-term resilience but buyers and sellers are behaving more strategically than in prior years.

Below is a breakdown of what happened in single-family homes, condominiums, and multifamily properties in Chelsea and what it means heading into 2026.

Single-Family Homes in Chelsea: Tight Supply, Higher Prices

Chelsea’s single-family market remains one of the smallest segments in the city, and 2025 reinforced just how tight inventory truly is.

• Closed sales dropped from 26 to 17 homes (-34.6%)
• Average sale price increased 5.1% to $671,882
• Price per square foot rose nearly 7%
• Homes sold at 100.84% of list price, showing steady demand

Notably, Chelsea ended 2025 with zero active single-family listings, highlighting how rare this inventory type has become 2025 Q4 – Chelsea.

What this means:
If you own a single-family home in Chelsea, supply is on your side. However, buyers are still price-sensitive, especially with higher interest rates, so pricing correctly remains key.

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Chelsea Condo Market: More Inventory, Softer Pricing

The condominium market shifted toward balance in 2025.

• Closed sales declined 14.6%, from 116 to 99 units
• Average sale price fell 6.3% to $449,930
• Inventory increased 66%, rising to 20 active listings
• Months of supply nearly doubled to 2.42 months

Even with price declines, condos continued selling close to list price (99.48%), signaling that properly positioned units still attracted buyers 2025 Q4 – Chelsea.

What this means:
Chelsea condo sellers need strategic pricing and strong presentation. Buyers now have more choices and are negotiating more carefully.

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Multifamily Properties in Chelsea: Significant Price Growth

The standout segment in 2025 was Chelsea’s multifamily market.

• Average sale price jumped 20%, reaching $1,189,179
• Closed sales increased 10%, from 40 to 44
• Inventory dropped sharply, from 7 listings to just 3
• Months of supply fell to 0.80 months, signaling strong demand

While days on market increased (29 to 51 days), pricing power remained evident as overall sale values climbed substantially 2025 Q4 – Chelsea.

What this means:
Owner-occupants and long-term investors continue targeting Chelsea multifamily properties. Limited supply and rental demand are supporting values, even as buyers take longer to commit.

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Key Chelsea Real Estate Trends for 2026

Across all property types in Chelsea MA 02150, several themes emerged:

1. Inventory remains historically low, especially for single-family homes
2. Multifamily demand remains strong, supporting double-digit price growth
3. Condo pricing has adjusted downward, creating opportunity for buyers
4. Price per square foot continues rising in several segments, even where total prices soften

Chelsea remains one of the most supply-constrained markets just outside Boston. Its proximity to downtown, transit access, and ongoing redevelopment continue to support long-term housing demand.

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Thinking About Selling in Chelsea, MA?

If you’re considering selling a home, condo, or multifamily property in Chelsea (02150), strategy matters more than timing alone.

Some sellers will benefit from listing traditionally. Others, especially those facing:

• Tenant complications
• Probate or inherited property
• Major repairs
• Relocation
• Tight timelines

…may prefer a direct, as-is solution.

At Ephesus LLC, we help Chelsea homeowners evaluate both options. Whether that means preparing your property for market or exploring a fair cash offer, our focus is clarity, transparency, and helping you move forward confidently.

If you’d like a data-backed opinion on your Chelsea property, we’re happy to provide one, no pressure.